Matrix Concepts 1Q net profit up 10%, declares 3.25 sen dividend
KUALA LUMPUR (Aug 27): Matrix Concepts Holdings Bhd's net profit grew 10.
Malaysia bans foreigners from Forest City mega project
KUALA LUMPUR (Aug 27): Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there.
Selangor to study residential development costs
PETALING JAYA (Aug 27): The Selangor state exco has proposed to establish a taskforce that will examine the costs of residential property development to the point where the property is sold, reported The Star.
Dr M: CEP report is only for me
KUALA LUMPUR (Aug 27): The recommendations made by the Council of Eminent Persons (CEP) will not be revealed to the public as its function is to report to the country's Prime Minister, said Tun Dr Mahathir Mohamad.
10 trapped as 4-storey building collapses in Ahmedabad, India
INDIA (Aug 27): At least 10 people were trapped after a four-storey building collapsed in Ahmedabad, India yesterday.
Reports say Singapore has not agreed to defer HSR
KUALA LUMPUR (August 25): Singapore has not yet agreed to defer the Kuala Lumpur-Singapore High Speed Rail (HSR) project, reported the Straits Times.
How far has the new government caught up on its manifesto?
The Pakatan Harapan (PH) coalition had marched into the 14th General Election with a clearly delineated manifesto which promises to revamp the system, wipe out corruption, revive the economy and lower the cost of living, among others.
DAP Rep: Restore ECRL sites, help retrenched workers
KUALA LUMPUR (August 24): Calling their plight “regrettable”, Ketari state assemblyman Young Syefura Othman said the government should ensure the welfare of the nearly 2,000 retrenched East Coast Rail Link (ECRL) workers, and rehabilitate the sites that had previously been earmarked for the project.
Paramount Property on track to meet RM1bn sales target
PETALING JAYA (Aug 24): Property developer Paramount Property Development Sdn Bhd is on track to meet its full year sales target of RM1 billion with its 1H2018 sales already hitting RM598 million, said Paramount Corp Bhd group CEO and director Jeffrey Chew at an analyst and fund manager’s briefing for Paramount Corporation’s 1H2018 financial results today.
